The IMF warns that President Trump's tariffs could lead to a significant slowdown in global economic growth, predicting a drop from 3.3% to 2.8% this year. With rising trade tensions, fears of a recession loom large as investors react to the unpredictable economic landscape.
In a bold statement, China cautions nations against yielding to US pressure in trade discussions linked to President Trump's tariffs. As negotiations unfold, the implications for global trade are significant.
China's central bank has kept its loan prime rates steady, focusing on stabilizing the yuan amid U.S. trade tensions. Despite positive economic data, deflation raises concerns.
Get ready to pay more! Shein and Temu have warned US shoppers of imminent price hikes due to hefty tariffs imposed by President Trump. With competition heating up and their app rankings dropping, both companies are urging customers to shop before prices rise on April 25.
California Governor Gavin Newsom is set to announce a landmark lawsuit against President Trump's executive authority on tariffs, claiming they harm families and businesses. This bold move marks Newsom's active engagement in legal battles against the Trump administration as the state faces potential economic fallout.
Major stock markets in Asia and Europe saw significant gains on Monday following the U.S. announcement of temporary tariff exemptions on key electronics, with tech stocks leading the charge.
Stock futures rose as Wall Street reacts to Trump’s latest tariff exemptions. Could the president's moves signal a new era for the tech industry? Find out how it affects the market!
As businesses respond to President Trump's tariffs, many are implementing 'tariff surcharges' at checkout. Some brands, like Jolie and Dame, are openly attributing these fees to Trump, while others opt for less direct approaches. Discover how this trend is affecting consumer prices and business strategies.
President Trump's 25% tariffs on imported vehicles are set to reshape the automotive industry, leading to skyrocketing prices, diminished sales, and a significant economic impact. Analysts warn of a long-lasting structural shift in how cars are manufactured and sold.
In a dramatic escalation of trade tensions, Trump raises tariffs on China to 125%, igniting a fierce retaliation. As both economies brace for impact, the stakes have never been higher!
